New-age firms’ listing gains fade fast; IT deals renewal in focus

Federal Reserve Governor Lisa Cook signalled readiness to act if inflation fails to ease, while allowing more time to assess trends. She flagged rising risks from AI investment, tariffs and geopolitical tensions. With inflation still above target, markets are increasingly factoring in the possibility of a rate hike later this year.

After an impressive tenure of twenty-seven years, legendary computer scientist Jeff Dean is departing from Google. His exit coincides with a major leadership reshuffle in artificial intelligence at Alphabet. Employees showed mixed emotions, posting memes and heartfelt tributes. Google’s CEO, Sundar Pichai, expressed gratitude for Dean’s profound impact on the company, while Demis Hassabis steps…

On Monday, the general insurer launched 25 products and features to mark 25 years of operations, many of which are backed by technology and artificial intelligence.